Starting Lesson — Recurring Operations
Shall we train?
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To practice Rejection Candles, you need to find this same scenario on your chart.
Observe the context, identify the candle with a wick, and watch the next candle to see whether the market confirms the rejection or shows interest in continuing to seek that region.
Let’s go!
Disclaimer: This training is for educational purposes only. It does not represent a promise of profit, investment advice, or encouragement to seek easy gains in the financial market. Better performance in training requires context reading, technical analysis, and risk management.
In this case, the high was broken, and the confirmation becomes stronger because the price is trading above the 9-period moving average, indicating that buyers have taken the initiative in the movement.
Remember: this is only a training exercise. There is other information on the chart that also needs to be considered, such as context, region, breakout strength, wicks, candle close, and price reaction in the next candles.
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